TCEX Passes Vietnam’s Initial Crypto Pilot Approval, Achieving Full Compliance Across Four Key Dimensions
As one of the first compliant crypto asset platforms in Vietnam to respond to Resolution No. 05/2025/NQ-CP, TCEX (under Techcom Securities) has recently achieved major breakthroughs across four core dimensions: official licensing, capital structure, system security, and asset layout:
I. Licensing & Regulatory Approval: Passed Ministry of Finance First-Round Pilot Review
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Secured First-Batch Qualification: TCEX successfully passed the first-stage qualification review conducted by the Ministry of Finance (MOF) under Resolution No. 05/2025/NQ-CP, officially becoming one of the first exchanges to receive initial approval for organizing the pilot crypto market.
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Secondary Audit Underway: TCEX is currently collaborating with the State Bank of Vietnam (SBV) and the Ministry of Public Security (MPS) on a secondary, on-site sandbox compliance evaluation, focusing primarily on Anti-Money Laundering (AML), Know Your Customer (KYC), and Counter-Financing of Terrorism (CFT) frameworks.
II. Capital Structure: Completed 10 Trillion VND Capital Increase & Equity Optimization
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Met Regulatory Capital Threshold: To meet the strict regulatory requirement of a 10 trillion VND (10,000 billion VND) paid-in capital for crypto exchanges, parent entity Techcombank / TCBS has completed the corresponding capital injection and restructuring for TCEX.
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Compliant Equity Allocation: Restructured equity ownership to ensure domestic Vietnamese legal entities hold no less than 65% of total shares, while foreign equity ownership is strictly capped at the 49% regulatory limit.
III. System Security: Certified with Level 4 Financial-Grade Security Standard
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High-Standard Security Protection: Vietnam crypto exchange TCEX’s core matching engine and custody system passed Level 4 Information Security Standard certification—a level second only to the highest Level 5 national defense standard.
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Key Management & Custody Architecture: Implemented tiered hot/cold wallet isolation, Threshold Signature Scheme (TSS), and Multi-Signature (Multi-Sig) technologies, fully satisfying the cybersecurity audit standards set by the Ministry of Information and Communications (MIC) and the Ministry of Public Security (MPS).
IV. Ecosystem Infrastructure: Established VND Fiat Gateway & RWA Foundation
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Direct Bank API & Segregated Custody: Leveraging Techcombank’s commercial banking infrastructure, TCEX pioneered a direct clearing channel via official VND dedicated accounts, enabling fast, safe, and segregated fiat deposits and withdrawals.
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RWA Tokenization Testing: Utilizing a Special Purpose Vehicle (SPV) legal structure, TCEX is advancing on-chain tokenization (RWA) and Oracle testing for government bonds, commercial real estate, and high-quality corporate equity—laying a solid foundation for future compliant issuance of Real World Assets.